M&A Deal Summary

Kitz Acquires Perrin

On December 3, 2009, Kitz acquired machinery company Perrin from NORD Holding

Acquisition Highlights
  • This is Kitz’s 1st transaction in the Machinery sector.
  • This is Kitz’s 1st transaction in Germany.

M&A Deal Summary

Date 2009-12-03
Target Perrin
Sector Machinery
Buyer(s) Kitz
Sellers(s) NORD Holding
Deal Type Add-on Acquisition
Advisor(s) @VISORY Partners GmbH (Financial)

Target

Perrin

Nidderau, Germany
Perrin GmbH is a manufacture of ball valves for the chemical industry and achieves revenues of more than € 20 mil.

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Buyer(S) 1

Buyer

Kitz

Minato, Japan

Category Company
Founded 1951
Sector Machinery
Employees5,382
Revenue 172.0B JPY (2024)
DESCRIPTION

Kitz manufactures and sells valves and other flow control devices, and related products. Kitz was founded in 1951 and is based in Minato, Japan.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2009 M&A 1 of 1

Seller(S) 1

SELLER

NORD Holding

Hannover, Germany

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1969
PE ASSETS 4.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

NORD Holding is a private equity firm focused on investments in Germany, Austria, and Switzerland. NORD targets medium sized businesses dealing with succession issues, needing growth financing, or mezzanine capital. The Firm will consider both majority and minority situations. Sectors of interest include automotive, building materials, construction, consumer goods, finance, logistics, manufacturing, capital equipment, media, IT, optical supplies, life science, printing, service providers, shipbuilding, and trade. NORD Holding was formed in 1969 and is based in Hannover, Germany.


DEAL STATS #
Overall 6 of 34
Sector: Machinery M&A 3 of 8
Type: Add-on Acquisition M&A Deals 1 of 10
Country: Germany M&A 5 of 30
Year: 2009 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-29 De Makelborger Backwaren

Neubrandenburg, Germany

De Mäkelbörger Backwaren GmbH is the wholesale bakery and deep frozen pastries specialist De Mäkelbörger Backwaren GmbH is one of the largest artisan bakeries in Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-08 KiKxxl

Osnabrück, Germany

KiKxxl is a call center company and offers outbound services. The company offers customer communications and contact processes through a variety of communication channels for a variety of occasions. The services offered range from sales and technical support to customer service. KiKxxl was founded in 1999 and is based in Osnabrück, Germany.

Buy -